Whitbread (WTB) Receives Equal weight Rating from Barclays

Barclays restated their equal weight rating on shares of Whitbread (LON:WTB) in a research report sent to investors on Thursday morning. The brokerage currently has a GBX 3,800 ($51.14) price objective on the stock.

A number of other brokerages have also issued reports on WTB. Deutsche Bank reissued a buy rating on shares of Whitbread in a report on Friday, October 20th. Beaufort Securities dropped their price objective on shares of Whitbread from GBX 3,600 ($48.45) to GBX 3,400 ($45.76) and set a sell rating for the company in a report on Tuesday, October 24th. Numis Securities reissued a hold rating and issued a GBX 4,100 ($55.18) price objective on shares of Whitbread in a report on Tuesday, October 24th. Liberum Capital reissued a hold rating and issued a GBX 4,150 ($55.85) price objective on shares of Whitbread in a report on Tuesday, October 24th. Finally, J P Morgan Chase & Co reissued a neutral rating and issued a GBX 4,000 ($53.84) price objective on shares of Whitbread in a report on Wednesday, October 11th. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the stock. The company has a consensus rating of Hold and an average target price of GBX 4,122.44 ($55.48).

Whitbread (LON WTB) traded up GBX 48.98 ($0.66) during trading on Thursday, hitting GBX 3,994 ($53.76). 623,981 shares of the stock were exchanged, compared to its average volume of 716,336. Whitbread has a fifty-two week low of GBX 3,398 ($45.73) and a fifty-two week high of GBX 4,333 ($58.32).

The firm also recently declared a dividend, which will be paid on Friday, December 15th. Stockholders of record on Thursday, November 9th will be given a dividend of GBX 31.40 ($0.42) per share. The ex-dividend date is Thursday, November 9th. This represents a dividend yield of 0.84%.

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About Whitbread

Whitbread PLC is a hospitality company. The Company operates hotels, coffee shops and restaurants. The Company operates in two segments: Hotels & Restaurants, and Costa. The Hotels & Restaurants segment provides services in relation to accommodation and food. The Costa segment consists of operations of its branded, owned and franchised coffee outlets.

Analyst Recommendations for Whitbread (LON:WTB)

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